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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating Activities    
Net income $ 10,086 $ 8,195
Items not requiring (providing) cash    
Provision for loan losses 2,520 339
Depreciation and amortization 1,883 1,805
Share based compensation 138 87
Mortgage servicing rights net (recovery) impairment 356 (38)
Premium amortization on securities available for sale, net 1,289 1,132
Gain on sale of investment securities (124)  
Gain on sale of mortgage loans (5,021) (3,948)
Proceeds from sales of loans 155,746 93,991
Loans originated for sale (152,259) (94,048)
Change in cash value of life insurance (515) (485)
Gain on sale of other real estate owned (206) (173)
Net change in    
Interest receivable (577) (432)
Interest payable (36) (50)
Other assets 4,099 702
Other liabilities (1,511) (1,190)
Net cash provided by operating activities 15,868 5,887
Investing Activities    
Purchases of securities available for sale (47,958) (52,484)
Proceeds from sales, maturities, calls, and principal repayments of securities available for sale 40,359 35,828
Purchases of securities held to maturity   (4,839)
Proceeds from maturities of securities held to maturity 1,535 7,900
Purchase of Federal Reserve Bank stock   (6)
Proceeds from the sale of FHLB stock 268  
Net change in loans (142,131) (130,424)
Proceeds on the sale of OREO and repossessed assets 1,793 2,095
Purchases of premises and equipment (3,587) (3,326)
Acquisition of SCB   7,925
Purchase of Mortgage Company   (736)
Net cash used in investing activities (149,721) (138,067)
Net change in    
Deposits 102,404 86,564
Borrowings 34,115 66,993
Proceeds from issuance of stock 389  
Dividends paid on common shares (2,611) (2,231)
Dividends paid on preferred shares (63) (63)
Net cash provided by financing activities 134,234 151,263
Net Change in Cash and Cash Equivalents 381 19,083
Cash and Cash Equivalents, Beginning of Period 43,476 31,721
Cash and Cash Equivalents, End of Period 43,857 50,804
Additional Supplemental Information    
Interest paid 6,519 6,527
Income taxes paid 3,700 600
Transfer of loans to other real estate owned $ (1,384) 1,999
Transfer of available-for-sale securities to held-to-maturity   167,047
The Company purchased all of the capital stock of Summit for $18,896. In conjunction with the acquisition, liabilities were assumed as follows:    
Fair value of assets acquired   158,585
Cash paid to retire Summit debt   6,207
Cash paid for the capital stock   $ 1,029